News & Analysis as of

Tax Cuts and Jobs Act Affordable Housing

Tannenbaum Helpern Syracuse & Hirschtritt LLP

The One Big Beautiful Bill Act: Insights for Commercial Real Estate

The One Big Beautiful Bill Act (“OBBBA”), enacted into law on July 4, 2025, provides extensive federal tax policy changes impacting a multitude of industries, including commercial real estate (“CRE”). With respect to CRE,...more

Spilman Thomas & Battle, PLLC

Congress Spares Tax-Exempt Bonds in the One Big Beautiful Bill Act

Throughout the first six months of 2025, proponents of tax-exempt bond financing feared that Congress might eliminate the exemption of interest on such bonds from federal income taxation in its search for spending reductions...more

Cole Schotz

H.R.1: Some Beautiful, Some Not – Implications for Commercial Real Estate

Cole Schotz on

H.R. 1 (President Trump’s so-called “One Big Beautiful Bill”) was officially signed into law Friday, July 4, and with it came sweeping changes to the real estate industry. Some of these changes are extensions of Trump’s Tax...more

Mintz - ML Strategies

Reconciliation Update: Latest Developments for Tax-Exempt Bonds & Public Finance and What to Expect Next

Mintz - ML Strategies on

Tax-exempt municipal bonds avoided a potential worst-case scenario of elimination in the House-passed budget reconciliation bill — the One Big Beautiful Bill Act. The recently released tax language from the Senate Finance...more

McGuireWoods Consulting

House and Senate Begin Preparing Housing Plans

Across the country, housing costs are steadily rising due to the growing shortage of homes available to sell or rent. With new leadership in key House and Senate committees and provisions of the 2017 Tax Cuts and Jobs Act set...more

Kohrman Jackson & Krantz LLP

Rural Historic Tax Credit Preservation Act Aims to Revitalize Small Markets

Last month, U.S. Senate Energy and Public Works Committee Chairman Shelley Moore Capito (R-WV) and U.S. Senator Mark Warner (D-VA) have reintroduced the bipartisan Rural Historic Tax Credit Preservation Act (S. 631). At a...more

Mintz - Tax Viewpoints

2024 Pre-Election Analysis: Tax Issues

Mintz - Tax Viewpoints on

As the 2024 general election draws near, one of the central issues capturing the attention of voters and lawmakers alike is the future of tax policy. With the two presidential candidates offering a range of proposals and...more

Eversheds Sutherland (US) LLP

Congress considers TCJA extenders and Taiwan tax relief

In mid-January, the House introduced the Tax Relief for American Families and Workers Act (Act). The Joint Committee of Taxation has released its explanation of the Act, and the House Ways and means Committee has released a...more

Miles & Stockbridge P.C.

Treasury Releases Average Income Set-Aside Proposed Regulations

Miles & Stockbridge P.C. on

In 2017, the Tax Cuts and Jobs Act (the “Act”) added a third minimum set-aside option to qualify a project as a qualified low-income project pursuant to Code Section 42(g)(1)(C) - the Average Income Set-Aside. The Average...more

Bass, Berry & Sims PLC

Key Takeaways from Intersection of Opportunity Zones and Affordable Housing Forum

Bass, Berry & Sims PLC on

Nashville’s public, private and nonprofit sectors converged recently to explore how the new Opportunity Zones incentive program could impact affordable housing in Nashville. ...more

Pillsbury Winthrop Shaw Pittman LLP

Impacts of the Omnibus Spending Plan on the Affordable Housing Industry

Trump’s Omnibus Spending Plan adopts two key provisions from the proposed Affordable Housing Credit Improvement Act that will strengthen and expand low-income housing credit. 2018 spending plan increases housing credit...more

Miles & Stockbridge P.C.

Bipartisan Budget Bill Improves LIHTC Program

The corporate rate reductions included in the Tax Cuts and Jobs Act decreased the value of the Low-Income Housing Tax Credit (“LIHTC”) projects because a significant portion of an investor’s return is composed of federal...more

Winstead PC

New Program Provides Tax Benefits by Investing in Texas Opportunity Zones

Winstead PC on

The Opportunity Zone program was created by the 2017 Tax Cuts and Jobs Act to encourage investment in low-income communities. Under this program (Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code, the “Statute”), an...more

Best Best & Krieger LLP

New Laws Part II: 2018 Ushers in Changes to Land-Use, Development Laws

As we noted in Part I of this two-part series, lawmakers passed a wave of new laws in 2017. Today we look at the bold moves California legislators made to address the State’s affordable housing crisis, while passing a...more

Ballard Spahr LLP

Private Activity Bonds Under President Trump's "Legislative Outline for Rebuilding Infrastructure in America"

Ballard Spahr LLP on

The White House released a 53-page framework on Tuesday setting forth its legislative goals for rebuilding America's infrastructure (the Infrastructure Plan)....more

Ballard Spahr LLP

Tax Reform Actualized and the Impact on Affordable Housing and Community Development

Ballard Spahr LLP on

As we know, the President has signed what was originally titled Tax Cuts and Jobs Act, the most significant overhaul to the U.S. Tax Code since 1986. The President signed the Act into law after the first of the year in order...more

Pillsbury Winthrop Shaw Pittman LLP

The Impact of the Tax Cuts and Jobs Act on LIHTC Investments

The Tax Cuts and Jobs Act contains changes impacting the LIHTC Program. While the low-income housing tax credit program emerged largely unscathed, the reduction in corporate tax rates will reduce equity pricing. ...more

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